Pendle (PENDLE)

Track Pendle's (PENDLE) live price with real-time charts and minute-by-minute updates. Gain a deep understanding of PENDLE's market position, delve into the complexities of cryptocurrency trading, and explore the dynamic world of digital currencies on SLEX. Access comprehensive news coverage, insightful market analysis, and delve deeper into the factors influencing Bitcoin's price fluctuations.

Pendle Price Real-Time Data

The current live price of Pendle stands at $6.54, with a 24-hour trading volume of $229.68M. Its highest value within the past 24 hours was $6.6469, while the lowest was $5.9781. Pendle's circulating supply is 153.94M PENDLE out of a maximum of {{supplyMax}} PENDLE, resulting in a fully diluted market capitalization of $1.02B. The Pendle to USD price is continuously updated in real-time.

About Pendle

Pendle is a decentralized protocol built on blockchain technology that aims to revolutionize the way users engage with decentralized finance (DeFi) markets. At its core, Pendle focuses on the creation and trading of tokenized future yield streams, allowing users to unlock value from their assets in advance.
The project is designed to address the liquidity inefficiencies often found in DeFi markets by introducing innovative solutions that enhance capital efficiency and provide greater flexibility to users. Through Pendle, users can tokenize their future yield streams, enabling them to trade these assets in secondary markets before they fully mature.
One of the key features of Pendle is its Yield Token (YT) standard, which represents a claim on future yield generated by a specific DeFi asset. These YT tokens are tradable and can be exchanged on decentralized exchanges (DEXs) or other trading platforms, allowing users to speculate on future yield trends, hedge risk, or optimize their yield farming strategies.
Pendle also introduces liquidity incentives to encourage participation in its ecosystem. Users who provide liquidity to Pendle's yield markets can earn rewards in the form of protocol tokens, incentivizing liquidity provision and fostering a vibrant ecosystem.
Furthermore, Pendle prioritizes security and decentralization, leveraging blockchain technology to ensure the integrity and reliability of its protocol. By operating on decentralized networks, Pendle minimizes counterparty risk and enhances trust among participants.
Overall, Pendle aims to unlock the potential of decentralized finance by offering innovative solutions for yield optimization and liquidity management. Through its tokenized future yield streams and robust ecosystem, Pendle empowers users to maximize the value of their assets and participate in a more efficient and accessible financial system.
Show more

Learn more about Pendle (PENDLE)


What is Pendle?
Pendle is a decentralized finance (DeFi) protocol built on blockchain technology. It facilitates the tokenization and trading of future yield streams generated by assets locked in various DeFi protocols. The project aims to unlock liquidity and enable more efficient capital deployment within the DeFi ecosystem.
How does Pendle work?
Pendle works by allowing users to tokenize and trade future yield streams generated by assets locked in various DeFi protocols. Overall, Pendle provides a platform for tokenizing and trading future yield streams, thereby enhancing liquidity and efficiency in the DeFi ecosystem. It enables users to unlock value from their assets in advance, optimize their yield generation strategies, and participate in a more accessible and inclusive financial system.
Is Pendle safe to invest in?
Pendle or any other investment is considered safe depends on various factors, including your risk tolerance, investment goals, and the specific characteristics of the project. Ultimately, investing in DeFi projects like Pendle carries inherent risks, and it's essential to conduct due diligence and exercise caution before making any investment decisions.
How do I buy Pendle on SLEX Exchange?
To purchase Pendle on SLEX, start by creating an account and completing any necessary Know Your Customer (KYC) procedures. Next, deposit funds into your account or link a payment method. Once your account is funded, you can buy Pendle directly on the platform using the available trading tools.
How can I store my Pendle securely after purchasing on SLEX?
Once you've bought Pendle on SLEX, you have the option to securely store it in the SLEX exchange or transfer it to your private wallet. For enhanced security, it's advisable to utilize a hardware wallet, particularly for safeguarding significant amounts of Pendle.